5535 W Montrose Avenue Chicago, IL $ 725,000
5535 W Montrose Avenue
$ 725,000
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5535 W Montrose Avenue

Chicago, IL, 60641
$ 725,000
Bedrooms-- Baths-- Sq 4,500

Monthly Estimate*

$ 4,523

5535 W Montrose Avenue, Chicago, IL 60641 - Image 1

Commercial Property for sale in Chicago, IL

for $725,000. This 4,500 square foot building was built in 1958 on a lot size of 0.172176.

Owner/User/Investor opportunity, right where Portage Park and Jefferson Park meet!! Clean single story brick retail building just steps from the heavily trafficked stoplight intersection of Montrose & Central Avenues! Property features 4500+/- square feet of retail, containing 3 spaces: 5535, 5537 & 5539. 5535 and 5537 are approx 1,000 sqft, and 5539 approx 2,500 sqft. 5535 is vacant, 5537 is occupied by a video program vendor/tenant, and 5539 is owner occupied by a long-term well known neighborhood florist! Very well maintained throughout. Florist space offers showroom/display/reception area in front, break room/kitchenette, office space, bathroom, spacious design/production area, and loading/delivery room in back with overhead door at alley. Ample off street parking in back, and free, unrestricted public parking in front. Separate HVAC & electric for all/brand new rubber roof with transferable warranty. Dynamite business location! Join neighboring retailers Walgreens, Chase Bank, State Farm, Hagen's Fish Market, Crafty Beaver, Dunkin, 2 blocks to famous Portage Park. Community Med Center and North Shore Medical 1 mi south. Jewel & Starbucks 4 blks north. Minutes away from Jefferson Park major Blue Line & CTA transportation hub, Copernicus Center entertainment, I-90xway, and Metra Train stop. Convenient to tons of dining & nightlife options! 20 minutes to Chicago Loop, Wrigley Field, Lake Michigan, O'Hare International Airport, and all north/northwest suburbs. NOTE:Owner retiring. Real estate and all fixtures and equipment needed to operate a floral shop (to be spelled out by seller) included.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 14,996

Style

Commercial

Lot Size

0.172176

Year Built

1958

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12406714

Features
General
Cooling Central Air
Utilities Electricity Nearby Natural Gas Available
Possession Closing Negotiable
Roof Rubber
Zoning RTAIL
Construction Materials Brick
Year Built 1958
Electric Circuit Breakers Separate Meters Service - 0 to 100 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories Count 1
Township Jefferson
Property Subtype Neighborhood Storefront
Tax Year 2023
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Insurance Expense 3600
Property Type Commercial Sale Retail/Stores
Status Active
Directions On the south side of Montrose approx 175 feet east of stoplight intersection of Montrose and Central Avenue (4400 N/5600 W).
City Chicago
Number Of Units Total 3
MLS Area CHI - Portage Park
Lot Size Square Feet 7500
Tax Annual Amount 14996
Water Sewer Expense 720
Additional Parcels Y/N N
Leasable Area 4500
Standard Status Active
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Interior
Flooring Concrete Tile
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 4500
Lot Dimensions 60 X 125
Frontage Type City Street
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* Excluded Features
List By
Pontarelli Associates

Broker

jjp@pontarelliassociates.com

Email

Affordability Calculator

$5,773
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$1,250
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2025$725,000 Listed Price

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5535 W Montrose Avenue, Chicago, IL, 60641 is a Commercial Property for sale at $725,000 with 4,500 sqft and a lot size of 0.172176. 5535 W Montrose Avenue was built in 1958. The property's zip code is 60641 which is in Chicago, IL